Summary
What is the Wallet Manager
The Wallet Manager is the Parfin Platform module that lets you view and operate, in a single place, the wallets held across the custody providers connected to your organization.
Each provider has its own way of organizing wallets, representing balances, and reporting the status of transfers. The Wallet Manager standardizes this information, allowing you to operate different providers through a single, unified experience on the Platform.
The Wallet Manager is the evolution of the former Custody menu, and it now also brings together Parfin's own Wallets.
What you can do with the Wallet Manager
The Wallet Manager lets you:
- create and view wallets and balances from different providers in a single place;
- check consolidated balances by asset and network;
- start and track transfers directly on the Platform;
- review the history and status of transfers in a standardized way.
How assets are organized
To standardize the structures of different providers, the Wallet Manager organizes custody into three main levels:
- Vault
- Wallet
- Deposit Addresses
Vault
This is the grouping that organizes one or more Wallets within the Wallet Manager. Its structure and the actions available may vary depending on the model used by the custody provider.
Each Vault belongs to a single custody provider.
Each custody provider can have one or more Vaults.
Wallet
This is the operational unit associated with a blockchain network. It displays the enabled assets, their balances, and the addresses used to receive funds.
Each Wallet belongs to a single Vault.
Each Vault can have one or more Wallets.
Deposit Address
This is the identifier used to receive assets into a Wallet.
Depending on the network, it may consist of just an address or require additional information, such as a tag or memo. Some networks and/or custody providers also allow a single Wallet to have more than one Deposit Address.
The structure is represented as follows:
Vault → Wallet → Deposit Address
Although the Wallet Manager uses this common structure, some providers may not support this full hierarchy natively. The Platform performs the necessary mapping to present this information in a standardized model.
For example:
Fireblocks has the complete hierarchy: Vault → Wallet → Deposit Address, whereas Parfin Custody natively has only Wallet → Deposit Address. In this case, the Wallet Manager creates the Vault structure for Parfin Custody's Wallets in order to keep them consistent with this model.
Important limitations
The Wallet Manager standardizes the experience, but it does not make every provider offer exactly the same functionality.
The available actions may vary according to:
- the custody provider;
- the features made available by the provider's APIs;
- the network and asset used;
- your organization's configuration;
- the features already supported by Parfin's integration.
For this reason, an action available for a given wallet/vault from one provider may not be available for one from another. The Platform displays only the actions that are compatible with the context of each wallet/vault.
It is also important to keep in mind that:
- the Wallet Manager does not replace the custody provider;
- the keys and the signing of transactions remain the responsibility of the provider;
- some settings, permissions, and internal policies continue to be managed directly within the provider;
- not all features available in the provider's own system are necessarily available through the Platform;
- some controls are applied only to transfers initiated from the Parfin Platform (e.g., risk assessment — AML — of the destination address for withdrawal requests), and therefore are not applied when transfers are made directly with the provider.
Supported custody providers
The Wallet Manager currently supports the following providers:
Parfin Custody
Parfin's custody infrastructure, natively integrated with the Platform's flows and controls.
Fireblocks
An external custody provider that can be connected to the Platform to view and operate its Vaults, Wallets, balances, and transfers.
The available features are not necessarily the same across providers. The Wallet Manager takes into account the capabilities of each integration and displays only the actions supported for each wallet, network, and asset.